Comex copper prices bounced back on Wednesday March 21 ahead of the conclusion of the US Federal Reserve meeting with the dollar experiencing a bout of weakness. Copper for May settlement on the Comex division of the New York Mercantile Exchange inched up 0.75 cents or 0.3% to $3.0455 per lb. Yesterday, the contract hit a three-month low. "Today, the Fed concludes its two-day policy meeting which....Read More
Buying from Chinese manganese smelters might slow down but strong market fundamentals will support manganese prices, participants said during a panel discussion at the Asian Ferro-Alloys Conference in Hong Kong on Wednesday March 21.On the supply side, current inventories at the Chinese ports of Tianjin and Qinzhou are around 2.0-2.1 million tonnes, according to Metal Bulletin's assessment on Marc...Read More
BHP (AU:BHP) had a positive day in Australian trade after telling a Global Iron Ore and Steel Forecast conference in Perth that emerging Asia would drive steel demand.Staff reporterMajor project nearing approval21 MARCH 201821/03/2018commentsshareWestern Australia iron ore asset president Edgar Basto said the company's South Flank iron ore project was scheduled to be submitted for board approval m...Read More
Key data from the Wednesday March 21 pricing session in Europe.Ferro-titanium 70% (max 4.5% Al), $ per kg, delivered duty-paid in EuropeTodayPreviousChange to midpoint of rangeMidpoint % change4.655.3-0.075-1Titanium scrap turnings, unprocessed (max 0.5% Sn) $ per lb, cif European ports Titanium scrap turnings, unprocessed (0.5-2% Sn), $ per lb, cif European ports...Read More
Last year, Blackheath Resources (BHR.V) completed an additional drill hole at the Santa Helena breccia, part of the Borralha tungsten project. This hole was drilled approximately 100 meters south of hole 8A where assay results revealed an interval of 118 meters containing 0.29% WO3.Hole BO17 entered mineralization at a depth of just 5 meters and intersected a wide interval of 157 meters at 0.17% W...Read More
CRU lead, zinc and precious metals research manager Ryan Cochrane presented at the CRU Metals in the Future 2018 conference this week, talking about investment opportunities posed by the four main base metals - nickel, copper, zinc and lead.Staff reporter Ryan Cochrane and CRU see zinc prices continuing their run until the middle of the yearCRU Group21 MARCH 201821/03/2018commentsshare Mining Jour...Read More
Major international mining companies active in the Democratic Republic of Congo (DRC) previously supported work on the new mining code by the country's Chamber of Commerce and are unfair to criticize the association, it said. The country's largest foreign miners, including Randgold Resources, AngloGold Ashanti, Glencore plc, Ivanhoe Mines, Gold Mountain International/Zijin Mining Group, MMG (PTY)...Read More
Much has been made of the world's vast lithium resources during the slow realisation that the electric-vehicle (EV) story had both a supply and demand side. However, China, the world's largest consumer of lithium, has no plans to ease up on its efforts to lock in supply, regardless of how much is on offer. China's progressive attempt to gain control over its lithium supply21 MARCH 201821/03/20...Read More
Brixton Metals (BBB.V) continues its exploration activities in the Cobalt Camp in Ontario, and has now released the assay results from another six holes drilled at the Hudson Bay project. Hole 06 is the most intriguing hole as it intersected 6.7 meters of approximately 20 ounces of silver per tonne of rock as well as 0.26% copper and 0.57% ZnPb. There was no cobalt present in hole 6 (which is perh...Read More
Ongoing construction of access tunnels at the Ivanhoe Mines Kamoa-Kakula Copper Project's initial high-grade Kansoko Sud mining area in D.R. Congo. Source Ivanhoe Mines Ltd.On March 9, 2018, DRC President Joseph Kabila signed into law a new mining code that raises royalties and taxes on mining operations, while removing a stability clause in the current law that has been protecting miners from cha...Read More
Antibe Therapeutics Inc. (TSXV:ATE) announced positive results from a Phase 2b gastrointestinal (GI) safety study for its lead drug candidateSmallCapPower | March 21, 2018: Antibe Therapeutics Inc. (TSXV:ATE), a biotechnology company focused on pain and regenerative medicine, Tuesday announced positive results from a Phase 2b gastrointestinal (GI) safety study for its lead drug candidate, ATB-346....Read More
The growth potential of the new energy metals industry may be too large for investors to ignore, with even those mainstream backers starting to see proof of broader market acceptance, Pala Investments vice president Jessica Fung says.Cobalt, along with copper, are Pala Investment's top new energy metal investment choices21 MARCH 201821/03/2018commentsshare "In the last five years, we've seen g...Read More
Channel sampling at Equitorial's Little Nahanni Pegmatite Group (LNPG) property in the Northwest Territories. Source: Equitorial Exploration Corp.The project is adjacent to the Cat Lake mineral project (previously the Irgon Lithium Mine) owned by Quantum Minerals Corp. [QMC-TSXV, QMCQF-OTC, 3LQ-FSE].Drill hole CT-18-02 is the second drill hole of the company's aggressive 1,100-metre drill program....Read More
Key data from the Wednesday March 21 pricing session in Europe.Ferro-titanium 70% (max 4.5% Al), $ per kg, delivered duty-paid in EuropeTodayPreviousChange to midpoint of rangeMidpoint % change4.655.3-0.075-1Titanium scrap turnings, unprocessed (max 0.5% Sn) $ per lb, cif European ports Titanium scrap turnings, unprocessed (0.5-2% Sn), $ per lb, cif European ports...Read More
Mining companies no longer have a choice on whether to integrate social development goals into how they operate, particularly in the face of projected expanding demand for battery raw materials.Mining companies need to ensure they collaborate with communities from the get-go and reduce their environmental footprintAnglo21 MARCH 201821/03/2018commentsshare Darryn Quayle, the UK Department for Inter...Read More
Major international mining companies active in the Democratic Republic of Congo (DRC) previously supported work on the new mining code by the country's Chamber of Commerce and are unfair to criticize the association, it said. The country's largest foreign miners, including Randgold Resources, AngloGold Ashanti, Glencore plc, Ivanhoe Mines, Gold Mountain International/Zijin Mining Group, MMG (PTY)...Read More
The moment Mohammed bin Salman sat down to talk with 60 Minutes, it was only a matter of time before crude rose.Well, he certainly didn't disappoint.Between casual comments calling Ayatollah Khamenei "the new Hitler" of the Middle East and confirming that if Iran pursued a nuclear bomb, Saudi Arabia would follow suit as soon as possible, he also defended his move to jail some of the richest men in...Read More
Even if it is an accounting decision to comply with rules governing investments, there is something unsettling about writing down the value of an asset to zero. This is what one of the biggest shareholders has done with its stake in the metal-technology business Metalysis.Tim TreadgoldFour years ago, Iluka was enthusiastic about its decision to invest in MetalysisMetalysis21 MARCH 201821/03/2018co...Read More
Weak demand for Turkish long steel products in the country's export market and Section 232 uncertainty kept Turkish steel producers out of the deep-sea scrap markets on Wednesday March 21.After stepping back from the deep-sea scrap markets on March 9, when the United States applied a 25% duty on imports of steel products following the Section 232 investigation, there has been no...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Update on Silver Sand Stock in Position to Take Off AgainSource: Clive Maund for Streetwise Reports March 21, 2018 (Investorideas.com Newswire) An explorer with a silver sands project is profiled by technical analyst Clive Maund.Silver stock Ne...Read More